Which of the following is NOT a determinant of the price elasticity of supply? (2) (1) The length of time that has elapsed since the change in the price of the good; (2) The possibility of stockpiling the good; (3) The availability of substitutes in consumption; (4) The availability of inputs.

Which of the following is NOT a determinant of the price elasticity of supply? (2) (1) The length of time that has elapsed since the change in the price of the good; (2) The possibility of stockpiling the good; (3) The availability of substitutes in consumption; (4) The availability of inputs.

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter5: Price Elasticity Of Demand And Supply

Section: Chapter Questions

Problem 24SQ: Suppose that when price is 10, quantity supplied is 20 units, and when the price is 6, the quantity...

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Question

Which of the following is NOT a determinant of the price elasticity of supply? (2)
(1) The length of time that has elapsed since the change in the price of the good;
(2) The possibility of stockpiling the good;
(3) The availability of substitutes in consumption;
(4) The availability of inputs.

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